New ecommerce policy in India introduce to the help local merchants, would benefit Indian companies, could reduce online sales by $46 billion by 2022. Reuters.

India’s ecommerce market was earlier estimated to grow to $200 billion by 2026, up from $38.5 billion as of 2017.

Raliance Retail that serves more than 3.5 million customers each week through its nearly 10,000 physical stores in more than 6,500 Indian cities and towns will roll out a new online shopping platform for 1.2 million retailers and store owners with Jio.